Legal

Better coordination between the DOL, IRS and Small Business Administration could help small employers better address the challenges of sponsoring a retirement plan.

The union, representing 195,000 working and retired school employees, topped the list of lobbyist spending by special interest groups, for the second straight year.

Massachusetts Gov. Deval Patrick has filed a bill that would prevent retiredpublic employees from receiving both a pension check and unemployment benefits.

Chalk one up for American Airlines' employees. And strike one down for the ongoing decay of defined benefit plans and an era of pension protection.

American Airlines' parent company told its employees Wednesday that it does not plan to end its pension plans as part of its bankruptcy restructuring, but instead hopes to freeze them.

House Republicans and Democrats are requesting that the Department of Labor significantly narrow its definition of fiduciary in a rule the agency is currently drafting that would impact the sale of retirement products.

South Carolina's House will consider a bill requiring newly hired employees to work an additional two years to collect full retirement benefits, while current employees could still retire after 28 years.

Low interest rates have led firms such as Boeing to push Congress to reconsider the amount of money companies are required to feed into their pension funds.